My wife has an inherited taxable account that was originally invested in ACEIX (set up by an Ameriprise advisor that we recently fired when we moved everything over to Fidelity). That fund was an expensive dog with fleas that performed horrifically, and she lost about $5k in total before I sold it after the transfer. Since then, the account was just in cash (SPAXX). I completed a backdoor Roth conversion (full amount $7k) a few days ago. There is still enough cash to do another backdoor Roth in January, but I'm wondering what to do with the dollars until then. Leave it in cash, or dump it in something from now until the new year? What say you all?
Statistics: Posted by cadillacfella — Thu Sep 05, 2024 8:50 am — Replies 6 — Views 401